2000 Florida Code
TITLE XXXVI BUSINESS ORGANIZATIONS
Chapter 620 Partnership Laws
PART I UNIFORM LIMITED PARTNERSHIPS (ss. 620.101-620.205)
620.137 Sharing of profits and losses.
620.137 Sharing of profits and losses.--The profits and losses of a limited partnership must be allocated among the partners, and among classes of partners, in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide in writing, profits and losses must be allocated on the basis of the value, as stated in the partnership records required to be kept pursuant to s. 620.106, of the contributions made by each partner to the extent they have been received by the partnership and have not been returned.
History.--s. 31, ch. 86-263.
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